City Council/Public Financing Authority
December 19, 2023

Waterfront Loan Recalculated per Health and Safety Code Section 34191.4(b)(3) FYE
June 30, Principal
Principal
Payments
Principal
Balance
Accrued
Interest
Cumulative
Interest
Interest
Payments
Interest
Balance
Outstanding
Loan Balance
1989 22,400,000 22,400,000 22,400,000
1990 22,400,000 22,400,000 672,000 672,000 (6,672) 665,328 23,065,328 1991 22,400,000 22,400,000 672,000 1,337,328 (11,407) 1,325,921 23,725,921 1992 22,400,000 22,400,000 672,000 1,997,921 (1,997,921) - 22,400,000 1993 22,400,000 22,400,000 672,000 672,000 (181,678) 490,322 22,890,322 1994 22,400,000 22,400,000 672,000 1,162,322 (608,831) 553,491 22,953,491 1995 22,400,000 22,400,000 672,000 1,225,491 (257,412) 968,078 23,368,078 1996 22,400,000 22,400,000 672,000 1,640,078 (1,640,078) - 22,400,000 1997 22,400,000 22,400,000 672,000 672,000 (672,000) - 22,400,000 1998 22,400,000 22,400,000 672,000 672,000 (672,000) - 22,400,000 1999 22,400,000 22,400,000 672,000 672,000 (73,282) 598,718 22,998,718 2000 22,400,000 22,400,000 672,000 1,270,718 (100,212) 1,170,505 23,570,505 2001 22,400,000 22,400,000 672,000 1,842,505 (93,562) 1,748,943 24,148,943 2002 22,400,000 22,400,000 672,000 2,420,943 (248,212) 2,172,731 24,572,731 2003 22,400,000 22,400,000 672,000 2,844,731 (2,844,731) - 22,400,000 2004 22,400,000 22,400,000 672,000 672,000 (672,000) - 22,400,000 2005 22,400,000 22,400,000 672,000 672,000 (672,000) - 22,400,000 2006 22,400,000 22,400,000 672,000 672,000 (672,000) - 22,400,000 2007 22,400,000 22,400,000 672,000 672,000 (672,000) - 22,400,000 2008 22,400,000 22,400,000 672,000 672,000 (672,000) - 22,400,000 2009 22,400,000 22,400,000 672,000 672,000 (672,000) - 22,400,000 2010 22,400,000 22,400,000 672,000 672,000 (672,000) - 22,400,000 2011 22,400,000 22,400,000 672,000 672,000 (672,000) - 22,400,000 2012 22,400,000 22,400,000 672,000 672,000 672,000 23,072,000 2013 22,400,000 22,400,000 672,000 1,344,000 1,344,000 23,744,000 2014 22,400,000 22,400,000 672,000 2,016,000 2,016,000 24,416,000 2015 22,400,000 22,400,000 672,000 2,688,000 2,688,000 25,088,000 2016 22,400,000 22,400,000 672,000 3,360,000 3,360,000 25,760,000 2017 22,400,000 22,400,000 672,000 4,032,000 4,032,000 26,432,000 2018 22,400,000 22,400,000 672,000 4,704,000 4,704,000 27,104,000 2019 22,400,000 22,400,000 672,000 5,376,000 5,376,000 27,776,000 2020 22,400,000 22,400,000 672,000 6,048,000 6,048,000 28,448,000 2021 22,400,000 22,400,000 672,000 6,720,000 6,720,000 29,120,000 2022 22,400,000 22,400,000 672,000 7,392,000 7,392,000 29,792,000 2023 22,400,000 22,400,000 672,000 8,064,000 8,064,000 30,464,000 2024 22,400,000 22,400,000 672,000 8,736,000 8,736,000 31,136,000